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Author Topic: what you worst experience on crypto  (Read 4112 times)
2tang
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April 30, 2021, 07:25:47 PM
 #101

everyone has been through hard times in the crypto world, and you have summed up some of the experiences that I have, one of which is that I was insensitive to a market that was experiencing a decline so I lost a lot of capital in 2017, but all of that was to become experience for yourself and others here
2017 is a heyday for some people who have already understood the crypto market and crypto space in general, so that those who do not realize this will suffer losses in the following year, it is very bitter if reminded again, but it will always be a very valuable lesson.

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April 30, 2021, 07:48:56 PM
 #102

the worst experience was every time I joined the prize hunt I always got a fake project and the project that
paid for it was not listed on the exchange and just became junk coins had no price.

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May 03, 2021, 03:18:11 PM
 #103

the worst experience was every time I joined the prize hunt I always got a fake project and the project that
paid for it was not listed on the exchange and just became junk coins had no price.
That is also because you did not research first before deciding to join the bounty, because usually bounties whose teams are still unclear and whose performance is still very little is a project that is not feasible to participate in.

Be honest we all got scammed by projects every now and then. It is not that simple to identify which is a scam project and which one is not. The scams became better and better. Some are obvious but some are well hidden.

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May 03, 2021, 03:59:00 PM
 #104

the worst experience was every time I joined the prize hunt I always got a fake project and the project that
paid for it was not listed on the exchange and just became junk coins had no price.
That is also because you did not research first before deciding to join the bounty, because usually bounties whose teams are still unclear and whose performance is still very little is a project that is not feasible to participate in.

Be honest we all got scammed by projects every now and then. It is not that simple to identify which is a scam project and which one is not. The scams became better and better. Some are obvious but some are well hidden.

but choosing the bounty campaign carefully can reduce the chances of you joining a scam project . research is always important and seems to be done, knowing the project you are following is better than following a lot of campaigns and wasting time

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May 03, 2021, 04:38:12 PM
 #105

@poster, the same thing has happened to me a couple of times in different ways though, like in 2016, I invested in a coin, the price of the coin rose to a very good amount of money but greed set in, I wanted it to go up more, it definitely went up more, and I wanted it to go up even more and more,, long story short, a coin I would have sold and made like $2300 dollars, I ended up making below $ 100 dollar when I later sold them, it was a very painful experience for me, I cried any time I imagined how much I would have made if only I wasn't too greedy, if only i sold at the peak when my spirit was telling me to, but I refused to listen... But anyways, it's a story now
similar to me, because my worst experience was when I initially invested in one of the coins and bought it at a low price then when the coin increased slightly I sold my token for a profit of $ 100 and replaced it with another coin. and at the beginning of 2021 this coin has experienced a fairly large pump. if I had held it until now I could have made a profit of $ 9000. but it doesn't matter because it can be a lesson for me and encourage me to understand every coin in the crypto market.

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May 03, 2021, 05:35:26 PM
 #106

the worst experience was every time I joined the prize hunt I always got a fake project and the project that
paid for it was not listed on the exchange and just became junk coins had no price.
The worst experience you have experienced has also been experienced by many campaign participants in general including myself as well so that such things are no longer considered bad by some people even though the time we have given for the project has been wasted.

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May 03, 2021, 06:22:23 PM
 #107

experience does teach you extraordinary things, I also have a lot to lose because of my greed that doesn't come out when the market is about to reach its limit.And slowly going down continuously for quite a while, getting hacked because I entered my private key at the address that gave the giveaway and lost 500 $ I did not know that it was a fraud, but until now I have never experienced it again.
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May 03, 2021, 06:26:52 PM
 #108

My worst experience in the world of crypto is not much different from most of the members here, namely the wrong steps in making decisions, and panicking too quickly. The right decision is very important in a crypto investment, my mistake is too fast to buy and too hesitant to sell. , so I will consider this as a valuable experience that won't make me go wrong the second time around

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May 03, 2021, 07:19:48 PM
 #109

Surely we have a bad experience of each of us in the crypto world, and my worst experience in the crypto world is when following bounty prizes wrong in writing ethreum address So do not get a gift from the project when the results given by the team is very large, then I submitted an application but the team did not respond and at that time I could not do anything.
I also had a similar experience of promoting a bounty campaign for more than two months unfortunately all my efforts was futile because the project was a scam the bounty manager connived with the developers and went into thin air without any trace its quite unfortunate.
I was also scammed via a fake telegram linked to Binance in a bid to buy some Bitcoin it was a very terrible experience but I had overcomed it.

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May 03, 2021, 07:41:48 PM
 #110

The worst experience and move that I've made in crypto is to waste the time that I have rather than study and deepening my knowledge about crypto. Imagine, the market is on dump and bear from 2018 to 2020 and I didn't give some time and effort to look at what coin to buy and invest while it is on sale cause the price is very low, so that when the bull market comes, I have a lot of assets and holdings to sell. I just wasted my time and my potential income.

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May 03, 2021, 08:46:13 PM
 #111

If it was a bad experience then I think a lot of people have had that. but my worst experience I ever had was to take the signature of a good project to join another project. even though the project is nothing for me.

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May 03, 2021, 10:12:15 PM
 #112

The worst experience in the crypto currency world of course I had it,
and one of the worst was selling my Ethereum for 50 ETH sold in 2020 when panic selling occurred in March,
of course I will never forget this, because it was a true experience that I will not repeat again.

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May 03, 2021, 11:03:45 PM
 #113

The worst experience in the crypto currency world of course I had it,
and one of the worst was selling my Ethereum for 50 ETH sold in 2020 when panic selling occurred in March,
of course I will never forget this, because it was a true experience that I will not repeat again.
What? that's a lot. Why you've to sell those? were you in need of cash by that time or you moved ETH into another crypto?
That's really was a bad decision. If I've got that amount of ETH, I'd sell 5-10 of it while keeping the remaining balance.

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May 03, 2021, 11:38:37 PM
 #114

These kinds of foolish activities we done several times. Now we all know the old activity of scammers step without only a new one. We all face it at a time, but still we don't know the accurate time to sell. Now I'm at the point of average profit, definitely you can't gain the highest profit from all the altcoins. We could lose all our profit if we waited for the last moment.
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May 04, 2021, 08:20:35 AM
 #115

I earned a good amount then I decided to bought a coin 4 years ago. The coin seems to be promising. From a very low price it reached $60 each. It's price goes down then I bought 60 coins. After that, I used it in staking. I set to monthly instead of weekly so there will be no hassle for me to set it every week and on my computation, monthly has a higher profit. I noticed that its price is going down little by little but I ignored it because I believe on that coin. But after 3 years I cannot open the site anymore. It feels so sad that I the good amount I earned turns into nothing. It also become useless to me. I regret that decision I made. How I wish I can turn back time to undo that decision.

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May 04, 2021, 08:30:36 AM
 #116

When I was in a bear market, I withdrew from the virtual currency, which caused me to miss many opportunities to make money.
In the days to come, I will come to study and do some meaningful things every day, and gradually increase my knowledge and earn more money.
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May 04, 2021, 08:48:39 AM
 #117

My last bad crypto experience was based on my greed. It was January-February period probably. Bitcoin mempool was crowded by lots of transactions and I have decided to economize on fees. I've set something around 5 sat/byte fee and waited more than 30 days before transaction reached receiver address. During that time Bitcoin price managed to went up and down several times, and by the time transaction got confirmed, I've exchanged it, and in few days went up again...

 
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May 04, 2021, 08:59:59 AM
 #118

Everything is still fresh in my memory, how I lost most of my bitcoins to Ponzi scheme to thinking it was a geniune investment because I was ignorant. That was when I learnt that what you don't Know is more smarter than you do.

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May 04, 2021, 09:16:34 AM
 #119

my worst experience happened recently buying one of the altcoins that are on dex bsc in large quantities, but the token cannot be resold, it's really something very reckless to trust a token just because it has more than 50k members on his telegram account.
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May 04, 2021, 09:41:37 AM
 #120

2 experiences that for me considered worst.

1. I remember when I'm still newbie in trading, there is this one news regarding Verge where they are partnering with Pornhub and at that time the price of it was surging very high. Days before the announcement I entered at its highest and since I'm a newbie at that time, I thought that it will rise even higher. When they announced it, it plummeted and half of my initial capital was completely gone. I just use stop loss when it was down half of my entry price. I can't forget that moment.

2. Pandemic crash. We know what happened in 2020 right?? We saw the market went down very bad especially Bitcoin when it went down from ~$8,000 to ~$4,000 in just 2 days. What I did at that 2 days?? I just watched the market while having regrets because at that time I don't have any spare money. That would be the worst experience for me because if only I have cash on hold at that time, it would be at least x10 at the present. Easy money but it didn't happen for me. After that, I adjusted already and I'm holding cash right now so that when the bear market happens then I have buying power to buy cryptos at a discounted price.

 
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